The situation in England right now is that big Premier League clubs are owned by big foreign billionaires. Fans of Manchester United and Liverpool can protest and complain about their owners all they like, but they don’t have a say in what those billionaires do with or to the team. As much as Red Devils fans “Love United, Hate Glazer”, the red headed American owns 100% of shares and is in charge. Ditto at Chelsea, though fans obviously have less cause to complain about Roman Abramovich.
Arsenal have been expected to go down the big billionaire route at some point, with shareholders Stan Kroenke and Alisher Usmanov both rumoured to be interested in sucking up more shares and following through with a full takeover. However, the club today announced their support of a clever new Arsenal Fanshare scheme scheme from the Arsenal Supporters Trust that should allow fans to own shares instead of billionaires.
Fans could technically own shares any time they wanted. All they had to do was pay the going rate of around
View the Original article
August 19th, 2010 at 3:50 pm
Awesome, that’s exactly what I was searching for! You just spared me alot of looking around